| EWY latest price $52.5900 (1.23%) ($52.4200 - $52.9500) on Wed. May. 20, 2020. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 4.36% (three month average) |
RSI | 53 |
Latest Price | $52.5900(1.23%) |
Stocks Behave Similarly | Similar Stock List |
Top Holdings | Top Holding List |
Daily Trend | EWY advances 0.8% a day on average for past five trading days. |
Weekly Trend | EWY advances 1% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support EWY advance at 0% a week (0% probability) EEM(82%) IDRV(72%) EWG(66%) SPY(65%) EWJ(64%) |
Factors Impacting EWY price | EWY will decline at least -2.18% in a week (0% probabilities). VIXM(-39%) UUP(-32%) VXX(-15%) TLT(-7%) UNG(1%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -2.18% (StdDev 4.36%) |
Hourly BBV | 0.8 () |
Intraday Trend | 0.1% |
| |
|
|